Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

Bristol Myers Squibb Expands AI Research with NVIDIA Vera Rubin SuperPOD

Bristol Myers Squibb will deploy NVIDIA's DGX Vera Rubin NVL72 systems to enhance its AI capabilities across drug discovery and development, expanding its existing collaboration with the chipmaker to create the most powerful AI infrastructure in life sciences.

July 21, 2026

Vertiv Acquires Strategic Thermal Labs to Strengthen Liquid Cooling Capabilities

Vertiv has acquired Strategic Thermal Labs, a Texas-based specialist in advanced liquid cooling and thermal engineering for high-performance computing, expanding its expertise in AI and data center thermal solutions.

July 21, 2026

Natural Raises $30 Million to Build Payments Stack for AI Agents

San Francisco-based startup Natural has raised $30 million in Series A funding led by Forerunner Ventures to develop payments infrastructure for AI agents, with six products now generally available.

July 21, 2026

Siemens to Acquire Precision Innovations for AI Chip Design Tools

Siemens has agreed to acquire Precision Innovations, an electronic design automation company specializing in AI-powered chip planning tools built on the OpenROAD framework. The acquisition expands Siemens' EDA portfolio to offer faster system-on-chip design exploration and optimization.

July 21, 2026

Apple Explores Acquisitions to Boost AI Server Chip Capabilities

Apple is exploring the purchase of chip startups to strengthen its AI server processors, following internal performance challenges with its current M2 Ultra-based systems.

July 21, 2026

Harvey Acquires Benchmark to Expand Asset Management Capabilities

Harvey has acquired Benchmark, a New York-based decision infrastructure platform for asset management, marking its third acquisition of 2026 as it broadens support for legal work tied to investment activities.

July 20, 2026

Reo.Dev Raises $11.3 Million Series A to Expand AI Signals Platform

Reo.Dev has raised $11.3 million in Series A funding led by Elevation Capital, bringing its total funding to $15.3 million. The company plans to expand its AI capabilities and support its growing customer base of technical B2B software firms.

July 18, 2026

General Compute Secures $400 Million Debt Facility to Scale AI Inference Cloud

General Compute has obtained a debt facility of up to $400 million from Upper90 Capital Management to expand its inference cloud infrastructure built on SambaNova chips, aiming to deliver AI inference performance significantly faster than GPU-based systems.

July 17, 2026

Fireworks AI Raises $1.5 Billion at $17.5 Billion Valuation

AI infrastructure company Fireworks AI has raised $1.5 billion in a Series D round led by Atreides Management, Index Ventures, and TCV, reaching a valuation of $17.5 billion. The funding will be used to expand engineering capacity and global computing infrastructure.

July 17, 2026

Beacon Security Raises $13 Million to Expand Agentic Cyber Defense Platform

Beacon Security has raised $13 million in seed funding led by Notable Capital, with participation from Holly Ventures, AlphaDrive Ventures, and others. The company plans to enhance its AI-based cybersecurity platform that enables human and autonomous agents to detect and defend against threats.

July 17, 2026

DeweyLearn Raises $5 Million Series A to Expand Multimodal AI for Skill Assessment

DeweyLearn has secured $5 million in Series A funding led by SJF Ventures, with participation from Catalysis Capital, Morningside, and Owl Ventures. The company plans to expand its multimodal AI platform that evaluates human skill and performance using audio, video, and learning data across education and workforce training.

July 17, 2026

Industrial Development Funding and Oaktree Back $1.7 Billion Bloom Energy Project for Nebius AI

Industrial Development Funding and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells powering Nebius AI cloud infrastructure, with Morgan Stanley and MUFG providing financing support.

July 17, 2026

Fora Raises $60 Million Series D at $1 Billion Valuation

Fora has closed a $60 million Series D funding round led by Forerunner and Tactile Ventures, valuing the company at $1 billion. The New York-based platform plans to expand its AI assistant Via and grow its travel advisory business.

July 17, 2026

Whale Secures $40 Million Series C3 Extension to Expand Enterprise AI Platform

Whale has raised $40 million in a Series C3 extension, bringing its total Series C funding to $100 million as it expands its AI Operating System globally. The round was co-led by CMB International and SMBC Asia Rising Fund, with participation from multiple strategic investors.

July 17, 2026

Apaluma Raises $5.55 Million in Seed Funding to Expand Government Data Platform

Apaluma has secured $5.55 million in seed funding led by Crosslink Capital and Kickstart to scale its unified data platform for government regulatory records.

July 17, 2026

Oak Raises $60 Million to Build AI Identity Operating System

Security startup Oak has raised $60 million in seed funding to develop an AI native identity platform that manages humans, machines, and AI agents across enterprises. The round was co-led by Accel, Greylock Partners, and CRV, with participation from Hetz Ventures and AlphaDrive Ventures.

July 16, 2026

Regatta Data Launches RegattaDB for AI Agent Workloads

Regatta Data has announced the general availability of RegattaDB, a database designed to unify transactional, analytical, and vector workloads for AI agent systems. The company also revealed $68 million in funding from Lightspeed Venture Partners, Salesforce, and others.

July 16, 2026

Orum Acquires Scout AI to Strengthen Phone Data Accuracy for Sales Teams

Orum has acquired data agent platform Scout AI to enhance the accuracy of phone data and reduce wasted sales calls by integrating AI agents with Orum’s calling intelligence.

July 16, 2026

Descartes Systems Group Acquires Chilean Delivery Platform Drivin for $30 Million

Descartes Systems Group has acquired Santiago-based delivery management company Drivin for around $30 million in cash, uniting its Latin American last mile logistics data with the Descartes Global Logistics Network.

July 16, 2026

Raintree Acquires Spike Technologies to Embed AI Voice in Healthcare Workflows

Raintree has acquired Spike Technologies to integrate agentic AI voice capabilities directly into its electronic health record platform, automating tasks in revenue cycle and patient engagement operations.

July 16, 2026

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